513 S Walnut Street
West Chester, PA 19382
- – beds
- – baths
- 2,285 sqft
- 4,950 sqft lot
- $301 per sqft
- 1895 build
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Classic and hard to find west chester boro Triplex- 3 unit apartment building with 2 car garage and yard. Consisting of 3 one bedroom, 1 bath units - 1 apt on each floor for functional layout. Nice value add property with one unit (apt 2) just becoming available allowing the new owner to renovate and lease themselves or live there as an owner investor. Fully leased cap rate of 6.6%. $57,000 projected fully leased income with low operating expenses of $13,000 for an NOI of $44,000. Washer/dryer in basement and large garage in back alley for additional options. West Chester boro named one of the world’s most perfect small towns creating for a sound long term real estate investment.
Listing courtesy of BRIGHT / Swayne Real Estate Group, LLC
Last checked:
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Last updated Nov 20, 2024
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MLS# PACT2070372 —
The Building
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Year Built:1895
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Units Total:3
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Structure Type:Twin/Semi-Detached
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Stone
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2285
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2285
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Living Area SqFt:2,285 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Cash
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Possession:Negotiable
Location
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Directions:Use GPS
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Cross Street:Lacey St
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Latitude:39.95566900
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Longitude:-75.59789200
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.11
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:4,950 Sqft
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Inclusions:3 refrigerators, 1 washer dryer (all as-is)
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Exclusions:Tenant possessions
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 716-9951
- Office phone:
- (610) 696-3350
Taxes
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Tax ID Number:01-09 -1194
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Tax Year:2023
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Tax Lot:1194
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Tax Annual Amount:$4,903
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Tax Assessed Value:$139,780
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Year Assessed:2024
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School Tax:3136.0
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County Tax:636.00
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City/Town Tax:1130.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Oil
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:West Chester Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Cap Rate:6.60
Parking
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Total Garage and Parking Spaces:2
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Garage:Yes
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Garage Features:Garage - Rear Entry
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Garage Spaces:2.00
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Type of Parking:Detached Garage, On Street
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# of Detached Garage Spaces:2
Extra Units
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# of Units:2
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/20/24
Nov 20, 2024
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Sold | BRIGHT | $688,000 | 3.5% |
10/11/24
Oct 11, 2024
|
Pending | BRIGHT | $665,000 | |
10/6/24
Oct 6, 2024
|
Listed / Active | BRIGHT | $665,000 |